Link December 2018 dec 2018 final2 | Page 10

LOGISTICS PORTS & FREEZONE Chemicals segment contributes nearly 65% to Jafza’s overall traded volume and nearly 60% to the traded value, taking advantage of the integrated services offered by DP World, UAE region. The main conference sessions will offer the visionary leadership and insight on the opportunities and challenges facing the sector, while a range of seminars and masterclasses will provide practical tools and strategies to be taken away by the participants. The GPCA represents the downstream hydrocarbon industry in the Arabian Gulf, voicing the common interests of more than 250 member companies from the chemical and allied industries, accounting for over 95% of chemical output in the region. The industry makes up the second largest manufacturing sector in the region, producing over USD 108 billion worth of products a year. Jebel Ali Port is strategically located, offering the GCC’s export markets the shortest land transit time of two or three days from anywhere within the GCC region. PORTS & FREEZONE Fujairah Terminals reinforces commitment to UAE business community with United Steel collaboration Fujairah Terminals, an operational arm wholly owned by Abu Dhabi Ports, has signed a Memorandum of Understanding (MoU) with United Steel Industries (USI), a premier manufacturer of rebars, rods and wire coils. The agreement supports the handling of the company’s import and export shipments through Port of Fujairah and means Fujairah Terminals will facilitate all required logistics support for the company. The MoU was signed by Ahmed Al Mutawa, Chief Executive Officer of Fujairah Terminals, and Mamed Magomadov, Partner at United 10 | December 2018